T0.Com Creator Overstock’s Shares Increases Inspite of Losses

T0.Com Creator Overstock’s Shares Increases Inspite of Losses

Overstock's shares rise following the announcement of its Q3 earnings report showing losses of over $3.9 million. Overstock, the leading online retailer known for its foray into the digital currency technology sector with T0.com saw its shares go up by over 19%. The good news follows the company’s Q3 earning report, which has been disappointing at best. The earnings report, published on Thursday shows that the company has lost over $3.1 million in the last three months. According to reports, Overstock’s revenues in the third quarter has been around $441.6 million, but the losses were due....


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